The designed depth of the well is 4,500 m, and well completion is planned for the end of 2018

It is a natural reaction of the market to the introduction by the government of incentive royalties, as well as a deregulation of the permit system

Over January-July 2018 the Companies of Smart-Energy Group have transferred 18.3 mln UAH of royalty to local budgets of Poltava and Kharkiv regions

Following its investment strategy, the Group will conduct a 2D seismic analysis of more than 500 running kilometers and a 3D seismic analysis of 1500 sq. km within the next two years

6^th edition of Black Sea Oil & Gas will be held in Bucharest from 23 to 24 October

Gas reserves on Pegedivske field are estimated at over 7 000 million cubic meters

An initial gas flow of 100 thousand m3 and eight tons of condensate per day were obtained as a result of the well completion